BGR Energy Systems' loss widened to Rs 691.38 crore in the December quarter compared to the year-ago period mainly due to higher expenses.
The consolidated net loss of the company was Rs 59.22 crore in the quarter ended on Dec. 31, 2022, a BSE filing showed.
Total expenses rose to Rs 1,031.38 crore in the quarter from Rs 334.29 crore in the same period of the last fiscal.
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Total income rose to Rs 472.68 crore in the quarter from Rs 258.02 crore in the same period a year ago.
In another filing, the company stated that P R Easwar Kumar President & Chief Financial Officer has resigned on Feb. 8, 2024.
S Krishna Kumar President & Company Secretary/Compliance Officer has also resigned on Feb. 9, 2024.
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